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Russia has connected its first 1,250 MW VVER-TOI reactor at the Kursk II nuclear power plant to the grid, signalling a key step toward full commissioning by 2034.
Chevron has launched production at the South N’dola field in Block 0 offshore Angola, leveraging existing infrastructure to support its investment strategy in offshore hydrocarbons.

Clotaire Kondja appointed Gabon’s Oil and Gas Minister amid industry challenges

Former Vaalco executive Clotaire Kondja takes over as Gabon’s Oil and Gas Minister as the country faces declining investment and stagnant crude output.
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The Democratic Republic of Congo imposes strict cobalt export limits for 2026, tightening global supply amid sustained demand and paving the way for Indonesia and recycling to play a larger role.
The UK's $1.15bn funding withdrawal exposes the Mozambique LNG project to international political reversals, highlighting structural risks for large African energy projects reliant on foreign backers.

Japan inaugurates its first commercial floating wind farm in Goto

Japan's first commercial floating offshore wind farm, with a capacity of 16.8 MW, officially enters service using a locally developed hybrid technology.
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Chubu Electric acknowledged a methodological discrepancy in the seismic evaluation of two nuclear reactors, a situation that could weigh on the restart of nuclear operations in Japan.
Swiss asset manager completes the lifecycle of its SREF II fund with the sale of an onshore wind portfolio to Danish utility NRGi Renewables.

Osaka Gas commissions Unit 1 of its 1.25 GW gas power plant in Himeji

Osaka Gas has launched operations at the first unit of its new gas-fired power plant in Himeji, marking a key step in expanding its national electricity production capacity.
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Denison Mines is set to commit CAD600mn ($437mn) to build Phoenix, the first large-scale uranium mine developed in Canada in over a decade, with production expected by mid-2028.
Phillips 66 Limited has reached an agreement to acquire Lindsey Oil Refinery assets, which will be absorbed into the Humber Refinery to reinforce fuel supply across the United Kingdom.

Energy storage rebound revives lithium outlook in 2026

The rise of battery storage is boosting global lithium demand, reversing a market trend plagued by oversupply since 2022 and reviving momentum in a pressured industry.
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The United States is pressing major American oil firms to commit significant capital in Venezuela to recover billions lost during the expropriations of the 2000s.
Beijing maintains investments and crude imports from Venezuela, while several Chinese state-owned and private companies seek to secure stakes in Caracas' reserves.

Sabotage in Berlin disrupts 45,000 households and threatens grid stability

An attack claimed by a far-left group severely impacted Berlin’s electricity supply, testing the network operator’s response capacity amid ongoing threats to energy infrastructure.
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Empire Offshore Wind has filed a lawsuit against the federal order halting its wind farm construction, citing potential serious impacts on its financial and operational commitments in the United States.
Construction of the Coastal Virginia Offshore Wind farm, led by Dominion Energy, has been halted for three months by a federal decision, threatening a key energy project for US military and technological infrastructure.

Technip Energies secures strategic order for Commonwealth LNG gas project

Technip Energies has received a key order linked to the Commonwealth LNG project in the United States, marking a decisive step ahead of the final investment decision expected in early 2026.
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Voltalia has launched the first phase of the Artemisya project in Uzbekistan, a hybrid complex combining wind power and energy storage for a total of 200 megawatts, with commissioning scheduled for 2027.
Serbia is aiming for a quick agreement between Gazprom and Hungarian group MOL on the sale of Russian-held NIS shares, key to restarting its only refinery shut down by US sanctions.
Potentia Energy has secured $553mn in financing to optimise its operational renewable assets and support the delivery of six new projects totalling over 600 MW of capacity across Australia.
Drax plans to convert its 1,000-acre site in Yorkshire into a data centre by 2027, repurposing former coal infrastructure and existing grid connections.

EDF installs 180-tonne synchronous compensator in Guadeloupe to secure power grid

EDF has inaugurated a synchronous compensator in Guadeloupe to enhance the stability of an isolated power grid, an unprecedented initiative aiming to reduce dependence on thermal plants and the risk of prolonged outages.
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NGE and the Agence Régionale Énergie Climat Occitanie form a partnership to develop a heating and cooling network designed to support economic activity in the Magna Porta zone, with locally integrated production solutions.
GEODIS and EDF have signed a strategic partnership to cut emissions from logistics and energy flows, with projects planned in France and abroad.

ExxonMobil cuts $10 billion from its low-carbon plans by 2030

The American oil group now plans to invest $20 billion in low-emission technologies by 2030, down from the $30 billion initially announced one year earlier.
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BHP sells a minority stake in its Western Australia Iron Ore power network to Global Infrastructure Partners for $2 billion, retaining strategic control while securing long-term funding for its mining expansion.
More than $80bn in overseas cleantech investments in one year reveal China’s strategy to export solar and battery overcapacity while bypassing Western trade barriers by establishing industrial operations across the Global South.

Exxaro expands its energy assets and strengthens renewable capacity

Exxaro increases its energy portfolio in South Africa with new wind and solar assets to secure power supply for operations and expand its role in independent generation.
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Plenitude acquires full ownership of ACEA Energia for up to €587mn, adding 1.4 million customers to its portfolio and reaching its European commercial target ahead of schedule.
ABB invests in UK-based start-up OctaiPipe to strengthen its smart energy-saving solutions for data centre infrastructure.

Enbridge forecasts EBITDA up to CAD20.8bn for 2026 and raises dividend

Enbridge has announced a 3% increase in its annual dividend for 2026 and expects steady revenue growth, with up to CAD20.8bn ($15.2bn) in EBITDA and CAD10bn ($7.3bn) in capital investment.
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Axess Group has signed a memorandum of understanding with ARO Drilling to deliver asset integrity management services across its fleet, integrating digital technologies to optimise operations.
South African state utility Eskom expects a second consecutive year of profit, supported by tariff increases, lower debt levels and improved operations.

Equans launches new entity for industries with complex processes

Equans Process Solutions brings together its expertise to support highly technical industrial sectors with an integrated offer covering the entire project lifecycle in France and abroad.
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Zenith Energy centres its strategy on a $572.65mn ICSID claim against Tunisia, an Italian solar portfolio and uranium permits, amid financial strain and reliance on capital markets.
Ivanhoe Mines expects a 67% increase in electricity consumption at its copper mine in DRC, supported by new hydroelectric, solar and imported supply sources.

Q ENERGY France and AMRF sign agreement to accelerate rural electrification

Q ENERGY France and the Association of Rural Mayors of France have entered a strategic partnership to develop local electrification and support France's energy sovereignty through rural territories.
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ACWA Power, Badeel and SAPCO have secured $8.2bn in financing to develop seven solar and wind power plants with a combined capacity of 15 GW in Saudi Arabia, under the national programme overseen by the Ministry of Energy.
Hydro-Québec reports a 29% increase in net income over nine months in 2025, supported by a profitable export strategy and financial gains from an asset sale.